SPACIOUS DOUBLE FRONTED SALES SHOP occupying a corner position. Sales area in the region of 850 sq. ft. with tiled floor, fluorescent lighting & well fitted. 1-2.5m open cool display unit, 1.3.75m open cool display unit, 5 greeting card display stands (4 with drawers under plus 1 with gift wrapping paper section), modern adjustable shelving, ice cream deep freezer, upright glass fronted ice cream deep freezer, 1 large glass topped chest display deep freezer, counter, till with scanning system etc.
Staff cloakroom with w.c. wash basin plus shower.
Turnover : £8,500 p.w. in our opinion offering tremendous potential for further development in the right hands. Wholesale newsbill £1,500 p.w. The business also receives commission in respect of the Parcel Service with parcels being left at the shop & collected from the shop. We understand the commission is currently in the region of £250 per month. The business also has lottery scratch cards which we understand provides a commission of approximately £50 p.w.
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £360,000 plus STOCK AT VALUATION (£25,000/£30,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Monday - Saturday inclusive - 6 a.m. - 10 p.m.
Sunday opening - 7 a.m. - 2 p.m.
Number of Employees:
At present operated by the vendor's sister with the assistance of her husband plus 1 part time staff. 15 newsrounds. Delivery charge £2.50 p.w.
Number of bedrooms: 2
The accommodation situated on the first floor with FULL GAS FIRED CENTRAL HEATING comprises:
2 Double Bedrooms
Shower room with shower, w.c. & wash hand basin
Kitchen with fitted units
WE UNDERSTAND FROM THE PRESENT OWNER THAT THE PROPERTY HAS PLANNING PERMISSION TO BUILD AN ADDITIONAL ROOM ON THE FIRST FLOOR OVER THE STOCKROOM. WE UNDERSTAND THE PLANNING PERMISSION EXPIRES IN MARCH, 2016 & THE WORK WOULD BE NEED TO BE UNDERTAKEN BY THAT TIME. THE PRESENT OWNERS WE UNDERSTAND HAVE A QUOTE FOR THE COST OF THIS WORK TO BE IN THE REGION OF £25,000.
OBVIOUSLY WITH THE ADDITIONAL ROOM YOU WOULD THEN HAVE 3 DOUBLE BEDROOM ACCOMMODATION AS OPPOSED TO ONLY 2 DOUBLE BEDROOMS, HOWEVER, IT MUST BE NOTED THAT THIS WORK NEEDS TO BE CARRIED OUT OTHERWISE IT IS THE VENDORS INTENTION TO WITHDRAW THE PROPERTY FROM SALE & CARRY OUT THE EXTENSION HIMSELF.Yard at rear with parking space for 3/4 cars
Occupying a corner position, busy road, densely populated residential area, SUFFOLK
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